日本製罐's consolidated ordinary loss for April-September 2024 narrowed to ¥60 million, with the loss narrowing on a first-half basis. The company also expects the loss to narrow in its second-half plan.
In its cumulative second-quarter results for April-September 2024, 日本製罐 reported a consolidated ordinary loss of ¥60 million. The loss narrowed from ¥96 million in the same period of the previous year.
Based on the first-half results announced by the company and its unchanged full-year plan, consolidated ordinary loss for the October-March period, the second half, is expected to narrow to ¥75 million.
Consolidated ordinary loss for the latest 3-month period, July-September, was ¥99 million, and the operating profit margin on sales deteriorated to -3.6% from -1.4% in the same period of the previous year.
Under the earnings forecast for the current fiscal year, second-half revenue is expected to be approximately ¥5,723 million, operating loss of ¥40 million, ordinary loss of ¥75 million and net loss of ¥14 million. The dividend is ¥20 following the revision.